Detroit Faces State Takeover on Financial Emergency

March 4 (Bloomberg) -- Bloomberg Detroit bureau chief Jeff Green and Bloomberg Government senior economic analyst Nela Richardson discuss the city of Detroit facing a state takeover in ten days on a declaration of a financial emergency by Michigan Governor Rick Snyder. They speak on Bloomberg Television's "Bloomberg Surveillance."

Will Snap Open the Floodgates for Other IPOs?
53:42 - Perhaps even more than in the typical debate over tech company IPOs, opinions are split on whether Snapchat's shares are worth buying in its initial public offering and whether it will prove a fit and lasting public company. The answer to the first question will come on Wednesday, when Snapchat is expected to close its first stock sale to the public. Bloomberg's Alex Barinka and Sarah Frier have more on "What'd You Miss?" (Source: Bloomberg)
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